Links to previous press releases are below.
A rise in year-on-year shipments from Australia (+1.3 Mt to 3.3 Mt) and Guinea (+0.1 Mt to 2.9 Mt), coupled with continuing ramp-up in Indonesian cargoes (+1.1 Mt to 1.3 Mt), helped raise Chinese bauxite...Read More
US crude exports during the week ending 11 January jumped 901K b/d w-o-w and 1.72M b/d y-o-y to 2.97M b/d, according to the US Energy Information Administration. Exports averaged 2.56M b/d during the...Read More
South Korea’s crude oil imports dropped 178K b/d m-o-m and 294K b/d y-o-y to 2.93M b/d in December, preliminary customs data showed. But imports from the US surged to 428K b/d, up from just 67K b/d...Read More
China Loan Growth Exceed Analysts’ Expectations
New net bank loans in China exceeded expectations in December, according to Reuters, but still fell by 0.2 trillion month-on-month to 1.1 trillion yuan ($160.0 billion). Loans in 2018 totalled record 16.2 trillion yuan ($2.4 trillion).
China’s crude oil imports in December surged 2.38M b/d y-o-y to 10.35M b/d, the second highest monthly volume on record and just 122K b/d below the peak reached in November, customs data showed. Robust...Read More
2018 KOBC Maritime Conference
The inaugural conference organised by Korea Ocean Business Corporation was held in Busan on 8 November. SSY's Head of Research, John Kearsey, was among the speakers where his topic was "Dry Bulk Market Prospects in a Changing Landscape".
Metcoke World Summit 2018
John Keeshan, Senior Director of Chartering at SSY USA, was a speaker at this year's event held in Pittsburgh on 7-8 November, where his paper examined the key factors shaping the dry bulk freight market in 2018 and the outlook for the supply/demand balance in 2019.